By:- Mr. Manish Mohnot, Managing Director & CEO, Kalpataru Projects International Limited.
“The Budget sustains India’s infrastructure momentum by improving both funding visibility and execution certainty without compromising on fiscal deficit for long term sustainability/ impact. Increasing the FY27 public capital expenditure to ₹12.2 lakh crore coupled with the setting up of Infrastructure Risk Guarantee, will bolster lender confidence and de-risk bank financing, particularly during high-risk early development phases.
The stress on infrastructure – investments in new railway freight corridors, high-speed rail corridors, and 20 national waterways will significantly enhance multimodal logistics. Additionally, the restructuring of the Power Finance Corporation and Rural Electrification Corporation (REC) is a timely move; it expands financing capacity for large-scale power projects while accelerating rural electrification.
For EPC players, these reforms translate to a steadier project pipeline, fewer funding-related delays, and renewed confidence in long-term growth. Furthermore, scaling InvITs will unlock critical capital and encourage private sector participation. Together, these measures ensure execution clarity for firms delivering complex, future-ready infrastructure at scale.”